Which of the Following Statements About Borrowing Is Incorrect

Which of the following statements about borrowing is incorrect?

A) If a loan is secured, the rate of interest charged tends to be lower.
B) Bank overdrafts should be regarded as a source of short-term finance.
C) The greater the risk to a lender, the lower the interest rate tends to be.
D) Unauthorized overdrafts are likely to be charged at very high rates of interest.